In most small businesses, inventory reflects a significant percentage of assets. No matter how much emphasis you place on accuracy, your inventory records are likely to reflect discrepancies when you ...

Inventory is a large part of the auditing process for companies with physical goods. Inventory is a substantial portion of total assets for many companies. In addition, there are many complex ...

Inventory is typically the largest balance sheet asset in most merchant companies. Accurate inventory is required to not only deliver timely and stellar customer service but also calculate ...

Make sure your 2024 business plan includes regaining control over inventory count – one of your manufacturing company’s most important metrics. Inventory inaccuracies can lead to stockouts, backlog of ...

Challenge: A medical supply manufacturer faced challenges related to inventory and shipping accuracy KPIs. Solution: GEODIS selected this client as the pilot for the Predictive Analytics Cycle ...

For those of you who still shut down your facility once or twice a year to review inventory, I have to ask why. With cycle counting, there is no need for such disruption. The best way to ensure ...

Taylor Logistics is a full-service, third-party logistics (3PL) company that offers various services including warehousing, transportation, and more to help optimize supply chain management. Their ...

Every ringmaster knows who’s in control under the big top. But when you’re in peak season and your warehouse resembles a circus, it’s all too easy to let your menagerie run amok. In today’s high-speed ...

Editor’s note: The coronavirus pandemic has made inventory testing a huge challenge for auditors, particularly for client entities with a March 31 fiscal year end. Audit firms are requiring staff to ...

When looking ahead to a new year, make sure your business plans include regaining control over inventory count — one of your manufacturing company’s most important metrics. Inventory inaccuracies can ...

Our mission at Long Island Business News is to be the vital business news and advertising source to Long Island’s most influential readers.